“Global FRP Rebar Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global FRP rebar market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global FRP rebar market report has been segmented on the basis of resin type, fiber type, application, and region.
FRP rebar’s are utilized commonly in highways, buildings, and bridges applications, owing to their superior strength-to weight ratio considerably exceeds as that of any traditional rebar. Department of Transportation (DoT) in the US and Canada use FRP rebar’s for bridges, highways, and buildings construction. FRP rebar’s are primarily used for construction of the new bridges and for restoration of functionally obsolete or structurally deficient bridges. FRP rebar’s exhibit various properties, such as brilliant corrosion resistance to fuels, heat resistance, resistance to vapors or chemicals, durability, and high tensile elongation strength. In addition, in terms of fiber type, glass fiber rebar offers superior properties such as flexibility, strength, durability, lightweight, stability, as well as resistance to heat, moisture, and temperature.
Increasing demand for the FRP rebar’s across different end-use industries such as building and construction industries is major factor expected to drive growth of the global FRP rebar market over the next few years. In addition, increasing application scope in highways, bridges, and buildings construction industries is another key factor estimated to support revenue growth of the target market over the next 10 years. In addition, various features offered by FRP rebar’s such as corrosion resistance to fuels, durability, resistance to chemicals, or vapors, high tensile elongation strength, and heat resistance, and others is another factor expected to fuel adoption of these products, which in turn to drive growth of the target market over the forecast period. Moreover, FRP rebar has various application in wade range of industrial sectors, which in turn projected to drive growth of the global market in the next few years.
North America FRP rebar market is estimated to account for major share in terms of revenue in the global FRP rebar market. In addition, Asia Pacific market is projected to register faster growth in terms of revenue over the next 10 years, owing to increasing demand from construction and building and water treatment plants industries in the countries in this region. In addition, increasing investments by private various manufacturers in Asia Pacific region and growing demand from various end-use application industries are among other factors anticipated to drive growth of the Asia Pacific market in the next few years. The market in India is anticipated to account for major share in terms of revenue in Asia Pacific market. Rising awareness regarding various properties offered by these materials among manufacturers in the countries in this region are other factors estimated to drive growth of various end-use application industries, which in turn is projected to support revenue growth of the global market in this region.
Global Market Segmentation:
Segmentation by resin type:
- Vinyl Ester
Segmentation by fiber type:
- GFRP (Glass Fiber Reinforced Plastic)
- BFRP (Basalt Fiber Reinforced Plastic)
- CFRP (Carbon Fiber Reinforced Plastic)
Segmentation by application:
- Highways, Bridges, & Buildings
- Water Treatment Plants
- Marine Structures & Waterfronts
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- Hughes Brothers, Inc.
- Schöck Group
- Dextra Group PLC
- Pultron Composites Ltd.
- Pultrall, Inc.
- Sireg SpA
- KODIAK Fiberglass Rebar / GFRP
- Marshall Composite Technologies LLC
- ATP Srl
- AL Arfaj Commercial & Imports Co
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